Invesco BulletShares 2027 Corporate Bond ETF (NASDAQ:BSCR) Short Interest Update

Invesco BulletShares 2027 Corporate Bond ETF (NASDAQ:BSCR) saw a large decrease in short interest in the month of June. As of June 15th, there was short interest totaling 125,653 shares, a decrease of 48.2% from the May 31st total of 242,752 shares. Approximately 0.1% of the shares of the stock are sold short. Based on an average daily volume of 592,751 shares, the days-to-cover ratio is presently 0.2 days.

Institutional Inflows and Outflows

Hedge funds and other institutional investors have recently made changes to their positions in the business. Rossby Financial LCC acquired a new stake in Invesco BulletShares 2027 Corporate Bond ETF in the 4th quarter valued at $28,000. Birchbrook Inc. acquired a new position in Invesco BulletShares 2027 Corporate Bond ETF during the fourth quarter worth $30,000. AlphaCore Capital LLC acquired a new position in Invesco BulletShares 2027 Corporate Bond ETF during the fourth quarter worth $33,000. International Assets Investment Management LLC purchased a new position in Invesco BulletShares 2027 Corporate Bond ETF during the fourth quarter valued at $48,000. Finally, Cary Street Partners Investment Advisory LLC purchased a new position in Invesco BulletShares 2027 Corporate Bond ETF during the fourth quarter valued at $52,000.

Invesco BulletShares 2027 Corporate Bond ETF Stock Performance

Shares of BSCR stock opened at $19.61 on Tuesday. The business’s 50 day moving average is $19.64 and its two-hundred day moving average is $19.69. Invesco BulletShares 2027 Corporate Bond ETF has a 12-month low of $19.57 and a 12-month high of $19.80.

Invesco BulletShares 2027 Corporate Bond ETF Increases Dividend

The firm also recently announced a monthly dividend, which was paid on Friday, June 26th. Stockholders of record on Monday, June 22nd were paid a dividend of $0.0692 per share. This represents a c) annualized dividend and a dividend yield of 4.2%. The ex-dividend date of this dividend was Monday, June 22nd. This is a positive change from Invesco BulletShares 2027 Corporate Bond ETF’s previous monthly dividend of $0.07.

Invesco BulletShares 2027 Corporate Bond ETF Company Profile

The Invesco BulletShares 2027 Corporate Bond ETF (BSCR) is an exchange-traded fund that mostly invests in investment grade fixed income. The fund tracks an index of USD-denominated, investment-grade corporate bonds with effective maturities in 2027. The fund will unwind in December 2027 and return capital and proceeds to investors. BSCR was launched on Sep 27, 2017 and is managed by Invesco.